December 7, 2006
Affordable health care coverage for all Americans suffers from a medical monopoly
Health care in America suffers from a medical monopoly and restraint of competition. Most auto mechanics have more accumulated knowledge than doctors by virtue of the car models changing every year. Human models don’t change.
The same way you don’t want an auto mechanic in a hospital, you surely don’t want a medical doctor working on your car either. And you don’t want regulations requiring a auto mechanic to have 8-years of expensive schooling behind him so they can conspire to charge $300 or more an hour for their services.
When you find your auto mechanics price gouging you’ll find another who won’t. In the medical industry, it seems they all price gouge. There is no oversight on hospice care charges and inflated equipment charges for the elderly that eventually the taxpayers cough up driving social security benefits into red ink. In short, there is no competition due to heavy handed regulations that erect barriers to market place entry.
According to Families USA, a consumer organization in Washington, total health care premiums for family coverage are up more than 80 percent over the past six years while median earnings are up about 13 percent.










